Waltraud E. Prechter
Waltraud (“Wally”) Prechter is President and Founder of The Heinz C. Prechter Fund for Manic Depression, which was founded in November, 2001. In April, 2004, the Fund was transferred to the University of Michigan Medical System and is now the Heinz C. Prechter Bipolar Research Fund at the University of Michigan Depression Center. For a quarter century, Wally served as the closest business advisor and confidant to her late husband, entrepreneurial visionary Heinz C. Prechter, quietly helping build the business empire that was Prechter Holdings.
Driven by the spirit of giving back to the community, the Prechter family established the World Heritage Foundation, a philanthropic entity dedicated to helping make a difference, primarily in the areas of health and education. Wally has served as President of the World Heritage Foundation-Prechter Family Fund since its inception in 1985.
Wally has been a positive force in her community, state, and country. She serves in leadership positions in numerous civic and charitable organizations including the University of Michigan President’s Advisory Group, the University of Michigan Depression Center National Advisory Board, the University of Michigan School of Education Dean’s Advisory Council, the Kresge Eye Institute, the Robert and Gerry Ligon Research Center of Vision, Downriver Council for the Arts, Henry Ford Health System Foundation Board of Trustees, Taubman Medical Research Institute Advisory Board, the United German-American Committee of the USA, Inc. Advisory Board, and Covenanent House Michigan Advisory Board.
Born in Alfershausen, Germany, Wally attended the University of Erlangen. She emigrated to the United States in 1977 and completed her education at the University of Michigan in Ann Arbor, earning a Bachelor of Arts degree in Education with honors.